Bill O'Reilly to Be Paid Tens of Millions of Dollars after Exiting Fox News

Yesterday, it was announced that Bill O'Reilly was fired from Fox News after a string of sexual assault allegations had been raised against him. The company released a statement detailing the decision: "After a thorough and careful review of the allegations, the Company and Bill O'Reilly have agreed that Bill O'Reilly will not be returning to the Fox News Channel."

CNN reported that O'Reilly will actually be paid tens of millions of dollars as he exits his role. According to sources that spoke with CNN, this is partly due to the fact that O'Reilly signed a new contract right before he was fired, one that would pay him about $25 million each year. And while these sources indicate that he might not get paid the full amount, the total should still be a hefty sum, they said.